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The Gaston Gazette in Gastonia, North Carolina

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

The Gaston Gazette

Location

Gastonia, North Carolina, United States of America

Date

Dec 30, 2017

Page

8

Adtran Shares Fall On Weaker Forecast Outlook

Adtran Inc. slid $2.90 to $19.35 after the network equipment maker issued weak revenue forecasts citing a major customer cutting spending. Bonanza Creek Energy dropped $2.06 to $27.59 as SandRidge Energy rejected a potential buy, amid shareholder opposition led by Cari Kahn.

Bonanza Creek Energy Inc SandRidge Energy Bonanza Creek Cari Kahn At&t Inc Bet Bb&t Corp Bank of America BAC Best Buy Iss Commercial Metals Cme Curtis-Wiggintow Danaher Corp Cone New FMC Corp GE GE Hanesbrand Hartey-Davidson Home Depot Inter Corp Seo Martin Manetti Microsoft PNC Financial Sears Holdings Siepderance Souther Company Suntrust Texas Roadhouse Textron Tome Warner Inc Mckee Gereeed Oun Canunian Uae Srmercktaniee

Beijing offers tax breaks to lure foreign firms in response

Beijing's first major move after Washington's tax overhaul grants foreign investors exemptions from withholding taxes on profits reinvested in specified sectors. The retroactive policy to Jan 1 2017 allows refunds for taxes paid this year, aiming to spur growth in the state-led economy.

China Washington Beijing U.S Finance Ministry and Tax Agency

Three Firms Seek Lincoln County Expansion and Incentives

Lincoln County commission approved tax incentives in November for Cataler North America Walking Co. and Robert Bosch Tool Corp. to broaden presence. Cataler and Walking Co. sit in Lincoln County Industrial Park near Crate and Barrel American Tire Distributors ACTEGA North America. Cataler plans 7.5 million investment creating four jobs Bosch 12.6 million creating about 45 jobs. incentives total about 25 700 to 41 200 yearly for five years. Santa Barbara based

Lincoln County County Commission Walking Co Cataler North America Robert Bosch Tool Corp John Dancoff Lincoln Economic Development Association Cataler and American Tire Distributors Actega North America U.S. Census Bureau Dancoff U.S. 321 Gaston College Lincoln Times-News Cataler Bosch Santa Barbara Calif

Walking Co plans $7.5 million expansion in industrial park

Walking Co will invest $7.5 million to expand its facility at the industrial park, creating more than 45 jobs. A tax grant of about $145,600 will be spread over five years under the county industrial incentive grant program, with other area businesses also pursuing growth. Dashiell Coleman can be reached at 704-869-1819 or via Twitter.

Santa Barbara Calif the Walking Company Lincoln County County Economic Development Authority Dashiell Coleman THE Gaston Gazette Walking Co Development Association Dancoff

Columbia utility chief resigns amid fight over firing

Leighton Lord, longtime leader of South Carolina state owned utility Santee Cooper, resigns after a three week clash with Governor McMaster over termination. He cited halted construction on the multibillion dollar nuclear project and regrets the loss of money and jobs. Lord had sued to block firing and suggested political motive. The move ends a contentious bid to oversee the doomed venture.

South Carolina Santee Cooper Board Leighton Lord Henry McMaster Lord McMaster

Apple iPhone X Demand Seen as Lower Than Expected

Apple faces a slump as early evidence suggests demand for the pricey iPhone X may fall short of hopes. Reports indicate weaker interest in the $1,000-plus model, and Apple stock fell about 2.5 percent.

Apple

Also Mentioned on This Page

Dow S&p Russell NYSE Commodities Review Adtran Inc Lincoln S&p 500 Twitter DashiellColeman Columbia S.C. S. Utility Exec Berlin Germany Volkswagen Celle DSW Associated Press Ryan Nakastuma Pasche Goldman Goldman Sachs Tey Ete Ee Tv Ihs Work Godman Sachs Godman Sachs Group
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